6045 Short RdMount OliveAL35117
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Mount Olive at 6045 Short Rd, Mount Olive, AL, 35117 earns $274/mo cash flow from $1,928/mo rent with a $1,434/mo payment. Total monthly income totals $1,928/mo, and annual cash flow totals $3,291/yr on $97,130 capital. ROI tracks 23.3% on current figures, and rental yield reads 7.9% at a $293,000 purchase. Equity gained on principal adds $1,891/yr, and 5% annual appreciation supports $80,951 over five years. Five-year ROI reaches 120.32% and total cumulative return in cash sums $116,866. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,928/mo property income instead of your personal income.
Single Family
Built in 1995
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35117, Mount Olive, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,686 (100%) |
| Owner Occupied HU | 2,258 (84.1%) |
| Renter Occupied HU | 289 (10.8%) |
| Vacant Housing Units | 139 ( 5.2%) |
| Median Home Value | $290,234 |
| Average Home Value | $310,559 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
55
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Listed by: Lyra Tran • Goal Realty LLC
Mls Name: GALMLS
Mls ID: #21436331